Fed’s Miran Says Policy ‘Too Restrictive,’ Risks an Economic Downturn
Federal Reserve Governor Stephen Miran said, “I don’t see a reason for keeping policy as restrictive for a long period of time as we are” as he explains his call...
By Bloomberg Markets · Bloomberg Markets
Federal Reserve Governor Stephen Miran said, “I don’t see a reason for keeping policy as restrictive for a long period of time as we are” as he explains his call to lower rates more aggressively by 50 basis points at last week’s Federal Open Market Committee meeting. (Source: Bloomberg)